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Floods in Nepal drive major commercial insurance losses
1+ week, 2+ day ago (478+ words) The devastating flood in Nepal last week could result in commercial insurance losses exceeding 20 billion Nepali rupees ($132.3 million), with hydropower projects accounting for most claims, according to a top official at one of the country’s leading insurers. The insurance cover,…...
Nepal floods could cost insurers over $130 million even before death, injury claims
1+ week, 2+ day ago (526+ words) by AIP Online Bureau | Sep 5, 2026 | Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance | 0 comments MUMBAI:The devastating flood in Nepal last week could result in commercial insurance losses exceeding 20 billion Nepali rupees ($132.3 million), with hydropower projects accounting for most…...
Nepal Floods Catastrophe:15 non-life insurers report losses of Rs25.87 billion
1+ week, 4+ day ago (327+ words) by AIP Online Bureau | Sep 3, 2026 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, International News, Regulation | 0 comments Kathmandu:Insurance claims arising from the devastating Bhote Koshi flood in Nepal have surged to Rs25.87 billion, with 15 non-life insurers reporting losses as…...
Why natural disasters are impacting the housing crisis
1+ week, 6+ day ago (317+ words) Rebuilding homes hit by natural disasters is diverting money, materials and workers away from the ever-important task of solving the housing crisis. A new insurance catastrophe resilience report from Insurance Council of Australia revealed the cost of rebuilding is now…...